GSR raises Solana to 43.6%, cuts Bitcoin to 16.9%
GSR shifted its Core3 model toward Solana on Aug. 12, raising SOL to 43.6% of the portfolio and making it the models largest allocation. SummaryGSR raised Solana to 43.6%, making SOL the largest allocation in its Core3 model portfolio.Bitcoin fell to 16.9% of Core3, while Ethers allocation declined to 39.5% this week overall.Solana gained 2.98% over seven days, outperforming Bitcoin and Ether in GSRs latest weekly comparison.Ether remained the strongest 30 day performer, rising 7.88% despite its reduced model portfolio weight.Core3 gained 5.30% monthly but still trailed the equal weight basket over longer measured periods. Ether fell to 39.5%, while Bitcoin dropped to 16.9%, the smallest weight among the three assets.The firm said the change reflected a move in its relative alpha signals toward Solana as SOL showed stronger near term price momentum. GSRs written commentary lists the Solana weight at 43.7%, while the accompanying allocation table shows 43.6%. This article uses the table figure. GSR Model Makes Solana Top Allocation to 43.6%, Cuts Bitcoin to 16.9% GSR‘s Core3 model portfolio raised its Solana allocation to 43.6%, making SOL its largest position, while cutting Ether to 39.5% and Bitcoin to just 16.9%, as the model’s relative alpha signals shifted further… pic.twitter.com/C0aRl77W4h — Wu Blockchain (@WuBlockchain)